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	<title>WelcomeHomeNWI.com &#187; Real Estate Terminology</title>
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	<description>Your Home for Real Estate and Mortgage News for the Best Home Communities in Northwest Indiana</description>
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		<title>Confused About Your Home Appraisal &#8211; Know the Guidelines</title>
		<link>http://welcomehomenwi.com/2010/12/confused-about-your-home-appraisal-know-the-guidelines.html</link>
		<comments>http://welcomehomenwi.com/2010/12/confused-about-your-home-appraisal-know-the-guidelines.html#comments</comments>
		<pubDate>Wed, 01 Dec 2010 19:26:09 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Business Booster]]></category>
		<category><![CDATA[Home Values]]></category>
		<category><![CDATA[Lending Guidelines]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Appraisals]]></category>
		<category><![CDATA[Helpful Tips]]></category>
		<category><![CDATA[Real Estate Terminology]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=3887</guid>
		<description><![CDATA[The home appraisal process often baffles home buyers and homeowners alike. You may feel that your home is worth a higher dollar amount, and so the appraised home value may not always make sense to you. First, it is important to know that the home appraiser is completely independent from mortgage lenders, home buyers, home sellers, homeowners, [...]]]></description>
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		<slash:comments>3</slash:comments>
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		<title>Trading Up Homes? Consider Listing Your Existing Home First</title>
		<link>http://welcomehomenwi.com/2010/09/trading-up-homes-consider-listing-your-existing-home-first.html</link>
		<comments>http://welcomehomenwi.com/2010/09/trading-up-homes-consider-listing-your-existing-home-first.html#comments</comments>
		<pubDate>Thu, 23 Sep 2010 20:14:09 +0000</pubDate>
		<dc:creator>Steve Cardwell</dc:creator>
				<category><![CDATA[Helpful Tips]]></category>
		<category><![CDATA[Random Thoughts]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Porter County Real Estate]]></category>
		<category><![CDATA[Real Estate Terminology]]></category>
		<category><![CDATA[Trading Up Homes]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=3153</guid>
		<description><![CDATA[Households in Porter County Indiana are starting to understand that it is a great time to buy property. Some are looking at all those foreclosures on the market and dream of getting a deal for pennies on the dollar. Others, more realistically, are looking at the current market conditions and see a great opportunity to [...]]]></description>
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		<slash:comments>4</slash:comments>
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		<title>Understand Property Values Foot-By-Foot</title>
		<link>http://welcomehomenwi.com/2010/08/understandpropertyvaluesfootbyfoot.html</link>
		<comments>http://welcomehomenwi.com/2010/08/understandpropertyvaluesfootbyfoot.html#comments</comments>
		<pubDate>Wed, 18 Aug 2010 23:04:26 +0000</pubDate>
		<dc:creator>Steve Cardwell</dc:creator>
				<category><![CDATA[Helpful Tips]]></category>
		<category><![CDATA[Home Values]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Portage Real Estate]]></category>
		<category><![CDATA[Real Estate Terminology]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=2621</guid>
		<description><![CDATA[To understand real estate property values one measurement that&#8217;s mentioned frequently  is Price-Per-Square-Foot. Simply put it is the PRICE of your home divided by its AREA. In other words,  how much you are paying for each 12 inch by 12 inch square. Easy right? If you have ever hired a contractor or bought carpet, they [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>If All Real Estate Is Local, Who Cares About Averages</title>
		<link>http://welcomehomenwi.com/2010/08/if-all-real-estate-is-local-who-cares-about-averages.html</link>
		<comments>http://welcomehomenwi.com/2010/08/if-all-real-estate-is-local-who-cares-about-averages.html#comments</comments>
		<pubDate>Wed, 04 Aug 2010 16:28:27 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Market Insight]]></category>
		<category><![CDATA[Random Thoughts]]></category>
		<category><![CDATA[Statistics]]></category>
		<category><![CDATA[Real Estate Is Local]]></category>
		<category><![CDATA[Real Estate Terminology]]></category>
		<category><![CDATA[Schererville Real Estate]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=2451</guid>
		<description><![CDATA[All real estate is local! If you&#8217;ve heard it once, you have most likely heard it a thousand times. How could you not hear this old cliche when working with real estate and mortgage professionals. The May 2010 Public Awareness Campaign from the National Association of REALTORS® even states: &#8220;Every market&#8217;s different, call a REALTOR® [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>What&#8217;s a Short Sale and Why This Option?</title>
		<link>http://welcomehomenwi.com/2010/02/whats-a-short-sale-and-why-this-option.html</link>
		<comments>http://welcomehomenwi.com/2010/02/whats-a-short-sale-and-why-this-option.html#comments</comments>
		<pubDate>Tue, 02 Feb 2010 19:33:32 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Helpful Tips]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Real Estate Terminology]]></category>
		<category><![CDATA[Short Sale]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=1564</guid>
		<description><![CDATA[A &#8220;Short Sale&#8221; is when a home seller sells his home for a lesser amount than what is owed on his mortgage, and the mortgage lender agrees to accept the lesser amount in lieu of a full payoff. By way of example, a Short Sale may be appropriate for a home seller in Crown Point, Chesterton, Munster, [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>What Is APR?</title>
		<link>http://welcomehomenwi.com/2009/11/what-is-apr.html</link>
		<comments>http://welcomehomenwi.com/2009/11/what-is-apr.html#comments</comments>
		<pubDate>Tue, 17 Nov 2009 15:41:42 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Helpful Tips]]></category>
		<category><![CDATA[Mortgage Acumen]]></category>
		<category><![CDATA[Real Estate Terminology]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=1176</guid>
		<description><![CDATA[APR is an acronym for Annual Percentage Rate.  It&#8217;s a government-mandated calculation meant to simplify the comparison of mortgage options. A loan&#8217;s APR can always be found in the top-left corner of the Federal Truth-In-Lending Disclosure. Because APR is expressed as a percentage, many people confuse it for the loan&#8217;s interest rate.  It&#8217;s not.  APR represents the total [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Simple Real Estate Definitions: Escrow Account</title>
		<link>http://welcomehomenwi.com/2009/10/simple-real-estate-definitions-escrow-account.html</link>
		<comments>http://welcomehomenwi.com/2009/10/simple-real-estate-definitions-escrow-account.html#comments</comments>
		<pubDate>Thu, 08 Oct 2009 20:26:45 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Helpful Tips]]></category>
		<category><![CDATA[Real Estate Terminology]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=1046</guid>
		<description><![CDATA[An escrow account is a designated savings account into which funds get deposited for a specific purpose. With respect to real estate and home loans, escrow accounts are used to pay real estate tax bills and homeowners insurance payments. Escrow accounts are managed and disbursed by lenders. When a homeowner &#8220;escrows&#8221; his mortgage, along with [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Simple Real Estate Definitions: Quitclaim Deed</title>
		<link>http://welcomehomenwi.com/2009/09/simple-real-estate-definitions-quitclaim-deed.html</link>
		<comments>http://welcomehomenwi.com/2009/09/simple-real-estate-definitions-quitclaim-deed.html#comments</comments>
		<pubDate>Wed, 09 Sep 2009 14:37:01 +0000</pubDate>
		<dc:creator>James K Barath, CMPS</dc:creator>
				<category><![CDATA[Helpful Tips]]></category>
		<category><![CDATA[Random Thoughts]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Real Estate Terminology]]></category>

		<guid isPermaLink="false">http://welcomehomenwi.com/?p=962</guid>
		<description><![CDATA[By its most common definition, a quitclaim deed is a document by which one person passes legal and financial ownership of a home to another person. It&#8217;s also a way for an owner of a home to remove himself from the title to the property. Often misspelled as &#8220;quick claim deed&#8221; or &#8220;quit claim deed&#8221;, quitclaim [...]]]></description>
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		<slash:comments>1</slash:comments>
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